Hoekman and Messerlin compare the European Community's quot;trade fundamentalsquot; prevailing in the 1960s with those applying in Arab countries today. The fundamentals differ significantly - Arab countries trade much less with each other than EC members did, and the importance of such trade in...

The authors compare the European Community's "trade fundamentals" prevailing in the 1960s with those applying in Arab countries today. The fundamentals differ significantly-Arab countries trade much less with each other than EC members did, and the importance of such trade in GDP varies greatly....

Hoekman and Messerlin compare the European Community's "trade fundamentals" prevailing in the 1960s with those applying in Arab countries today. The fundamentals differ significantly—Arab countries trade much less with each other than EC members did, and the importance of such trade in GDP...